A license plate expires when the owner transfers or assigns the title or interest in the associated motor vehicle and that the owner cannot transfer such a license plate to another motor vehicle. The act exempts license plates issued to the operator of a motor vehicle fleet (fleet operator) that are easily legible and in good condition from such expiration and allows a fleet operator to transfer license plates from one fleet vehicle to another when the fleet operator transfers or assigns the owner's title or interest in the fleet vehicle from which the number plates are being transferred.
For state fiscal year 2023-24, the act appropriates $2,700 from the Colorado DRIVES vehicle services account in the highway users tax fund to the department of revenue.
APPROVED by Governor April 24, 2023
EFFECTIVE January 1, 2024
NOTE: This act was passed without a safety clause.
(Note: This summary applies to this bill as enacted.)